Common Room (HDB) for Rent in 140 Tampines Street 12

The valuation of the HDB 2-room unit in Tampines, with a remaining lease of 57 years, has been estimated at $39,307 or $655 PSF. This valuation reflects a stable market price, indicating a 0% difference from the baseline, which suggests that the property is currently aligned with prevailing market trends. The strong model confidence rating of High is supported by a robust dataset comprising 26 recent HDB resale transactions in the vicinity, further validating the precision of this estimate.

In the context of Singapore's dynamic property landscape, the remaining lease period plays a crucial role in determining the attractiveness of HDB units. With 57 years left, this property is positioned favorably, as it allows prospective buyers to enjoy a significant tenure before lease expiry becomes a concern. The Tampines area continues to exhibit resilience in demand, driven by its strategic location and well-developed amenities. This combination of factors contributes to a stable valuation, underlining the importance of both lease duration and market dynamics in the overall assessment of HDB properties in Singapore.